Security Concerns Continue to Hold Back Mobile Payments

FierceMobileIT

02 October 2014

Apple Pay and other mobile payments technologies must overcome consumers’ security concerns, which pose a significant barrier to adoption. Based on findings from Kurt Salmon’s new mobile payments report, Jason Goldberg, senior manager in the Global Financial Services Practice, describes how security plays a big part in convincing consumers. “Demonstrating and communicating the security of the technology consistently and unambiguously is going to play a big part for banks and retailers in earning consumer trust and achieving mass adoption,” he is quoted as saying.